After six months of rumors and speculation it appears that Athlete's Foot Group Inc. could be filing for Chapter 11 bankruptcy protection as early as today. Sports Executive Weekly has spoken with a number of people close to the situation and found
Tag: People
Wolverine Appoints Baird as Managing Director – Europe
Wolverine World Wide announced the appointment of Gordon Baird to the position of Managing Director for the Company's Caterpillar Footwear European
operations. Baird will report to Blake W. Krueger, President of the Heritage Brands Group, and will b
November Retail Sales Fall Short of Expectations…
The sluggish start to the Holiday shopping season had analysts scrambling last week, as most cut projections for Holiday retail sales gains after November comparable store sales results fell short of expectations. Sports Executive Weekly is also hearing
Outdoor Specialty Sees Increased Competition…
Outdoor Industry Association has published the bi-annual top-line retail sales report for the outdoor industry. The reports include a 12 month review (last six months of 2003 and first 6 months of 2004 roll-up) and details specialty and chain store sales
U.S. Dollar and Asian Restructuring Hurt Rossignol’s Q2 Net Income…
Last month, BOSS reported that The Rossignol Group’s first half sales showed a marked improvement, but requests to delay shipments and exchange rates again pulled sales down. Consolidated group sales for the first half-year showed a slight 0.4% drop to €1
November Comps Climb 6% at Stage Stores
Stage Stores' total sales for the four-week period
ended November 27, 2004 increased 8.0% to $103.8 million from $96.1 million in the prior year four-week period ended November 29, 2003. Comparable store sales increased 6.0% versus a decrease of 5.8%
Pacific Sunwear November Comps Climb 2.7%
Pacific Sunwear of California total sales for the four weeks of November of fiscal 2004 were $95.6 million, an increase of 13.4% over total sales of $84.3 million for the four weeks of November of fiscal 2003. Company same-store sales increased 2.7% for t
J.C. Penney November Comps Up 12% on Thanksgiving Shift
J. C. Penney comparable department store sales
increased 12.0% for the four weeks ended November 27, 2004. Sales were positive across all merchandise categories and all regions of the country. Results reflected record sales for the two days following Than
The Bon-Ton Stores Sees 2.1% Comp Sales Gain
The Bon-Ton Stores, Inc. announced total sales for the four weeks ended November 27, 2004 increased 1.4% to $143.2 million compared to $141.2 million for the same period last year. Bon-Ton comparable store sales increased 5.4%. Elder-Beerman comparable s
May D.S. Comps Drop 7.9% in November
May Department Stores reported preliminary net sales of $1.39 billion for the four-week period ended Nov. 27, 2004, a 10.0% increase from $1.26 billion in the similar period last year. Store-for-store sales decreased 7.9%. November store-for-store sales d
Sport Supply to Re-Purchase Outstanding Shares
The Sport Supply Group, Inc. Board of Directors has authorized the repurchase of up to $3,000,000 of the Company's outstanding common stock. The repurchases will be made from time to time in open market transactions and privately negotiated transacti
Huffy Corp. Seeks Approval to Sell Snowboard Business
Huffy Corporation has filed a motion seeking approval from the Bankruptcy Court to sell certain intangible assets including trademarks and patents used in its snowboard business under the brand names of LAMAR(R) and LTD(R). Huffy has entered into an agree
Rossignol H1 Net Suffers from Delay in Ski Deliveries
Rossignol reported that net profit for the first half shows a significant fall compared with 2003/2004. Sales for the first six months amounted to €199.1m, down 0.4% at current exchange rates but up 3.2% on a constant exchange rate basis. Consolidated n
Forzani to Bow New 75,000 SF Sport Chek Store
The Forzani Group Ltd. announced the opening of the 75,000 square foot Place d'Orleans Sport Chek Supercentre on December 3, its largest store to-date. In addition to it's regular product assortment, the store will also include a new outdoor de
Everlast Adds Two More Licensing Deals
Everlast Worldwide has expanded its relationships with two licensees. Muse Marketing Limited, based in Hong Kong, will introduce Everlast apparel in Hong Kong and Hong-Kong-based Stelux Watch Ltd., which is launching Everlast-branded watches in China, Hon